They already have an F-1 circuit at Yeongam, which is pretty much used only once a year, where the F-1 team staff coming to do a race there in the annual series are greeted with leftovers and rubbish that was left behind from the previous year. The guy needs to have his head examined if he feels S. Korea is a "neutral" place when the boy king just up north is constantly issuing threats and firing missiles and conducting nuclear tests.

3:15 pm February 22, 2013

Anonymous wrote:

It seems they made right choice, considering South Korea's proximity to China and Japan. The location, Incheon, has 25 million people within one hour's distance, therefore comparing this with Yeongam is total nonsense. If NK is a threat to South Korea, so is to Japan and China. So saying that this plan is "con scheme" is too much biased, and makes me wonder why?

Generally speaking, I would love to see this project is happening in South Korea. And would hope that it could contribute to public interest too.

1:46 pm February 23, 2013

perspective wrote:

By the sounds of it, their business is not F1, nor the focus is on the track..If they manage to sign up enough "billionaire playboys", the project makes sense.. Chinese are increasingly showing off their wealth outside of China.. and hate Japan.. Japanese love korean culture and girls.. but hate China..If rumours about a collaboration with a Casino are well founded, you can see the rationale.. Chinese cannot gamble in their homeland.. anyone thinking North Korea is a threat needs a lesson in geopolitics.. Ferrari already chose Korea to put their theme park. I am wondering how they missed this one?

1:59 pm February 23, 2013

truthbetold wrote:

Ferrari didn't seem bothered to chose Paju for their theme park (its only 20km form North Korea and a big mistake).Little value add to the public apart from tax revenues and image.Seems this is only for the ultra rich, the company has submitted an application to Incheon airport authority to operate a fleet of 5 private jets from Incheon for their members..that should tell you all you need to know about who's coming.I doubt this is only for racing. I wonder what the yearly fees will be like..

11:42 am February 24, 2013

F1 fanatic wrote:

A project like this was long overdue, especially in Asia. Chinese on F1 cars though? I think they will make a ton of money on spare parts

6:56 pm February 24, 2013

a passer-by wrote:

this project is for affluent young Asians who own a supercar and maybe a private jet. the club is not for the general public...nor for F1 racers

11:15 am February 25, 2013

Two new trees wrote:

Wow…..but private jet?? It really depresses me. Anyway, the presence of the racing club will really boost the local economy. Good for Korea!!

12:45 pm February 25, 2013

Ceramic village wrote:

Rich people are given more opportunities to explore the world. This racing club will also be exclusively preserved for the rich. Bill Gates once said at a graduation speech that life is not fair and one should accept it. I am about to accept it.

2:08 pm March 4, 2013

Anonymous wrote:

This is one of the most ridiculous things I have heard of...the Korean government and media are quick to draw negative attention to anything that caters to the ultra-wealthy and allowing such a private billionaires club to enter Korea and then cater to a very elite group is never going to happen. Who ever leads this project has not done the proper review of the market especialy the cultural bias to foreign investment + elite. This too is quite similar to another investment in the same area that was touted as the country's largest but it turns out there was no money in the investment and I can guarantee this will be the same...

7:32 pm March 5, 2013

Anonymous wrote:

It seems the Korean government and the media is a strong supporter of the project, which is surprising. I guess this is a strong sign of the changing times. What would normally be dismissed as a project with no public value, is now at the top of the government agenda because it promotes the country. Korea is changing for the better

2:12 pm March 6, 2013

Anonymous wrote:

Incheon is bankrupt and they need money from land sales. Any project will go through as long as they buy their land. the mayor is up for re-election mid 2014, and he needs something to show his people, because so far he has failed miserably. Government support explained.

6:36 pm March 27, 2013

djp wrote:

I see two companies filing for bankruptcy soon

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